IMPROVED PRICE! A bright south-facing studio with a spacious, flexible layout in the heart of Gramercy. Nestled within the well-maintained Gramercy Arms cooperative, this beautifully renovated residence sits moments from the historic charm of Irving Place, Gramercy Park, Stuyvesant Park, and the vibrant energy of Union Square. Apartment 2D offers an inviting and efficient layout with distinct living and sleeping areas, making the home feel larger than a traditional studio. The residence features brand-new white oak hardwood floors, a thoughtfully designed kitchen, generous closet space, and serene treetop views. South-facing windows fill the home with natural light throughout the day, creating a warm and welcoming atmosphere - ideal as a full-time residence or elegant pied-à-terre. Gramercy Arms is a full-service elevator cooperative offering a wide range of amenities including a 24-hour doorman, on-site superintendent, porter and maintenance staff, laundry facilities, bike storage, and private storage. On-site attended parking with direct building access is available for an additional fee, and a Citibike station is conveniently located nearby. The building is ideally positioned near Whole Foods, Trader Joe's, and the Union Square Greenmarket, along with some of downtown Manhattan's best dining, shopping, and cultural destinations throughout Gramercy, Union Square, Greenwich Village, the East Village, and the Bowery. Transit access is effortless via the N/Q/R/W, L, and 4/5/6 subway lines, placing the rest of Manhattan within easy reach. Co-purchasing and pied-à-terre ownership are permitted. A temporary capital assessment of $190 /month is currently in place for approximately 24 months.